SEC’S WAIVER FOR TOKEN INNOVATION HAS BEEN FURTHER DELAYED AND DETAILS REMAIN UNDISCLOSED

Eleanor Trerett reported that the Commission ' s waiver for tokenization innovation had been further delayed and the details were expected to remain confidential. According to the source, the delay may have been due in part to the multi-faceted discussion of the monetization section in the Clarity Act (art. 10505), and any innovative exemptions that could be taken by the SEC may affect the compromise in that section. This suggests that the exemption may remain on hold until the way forward for the Clarity Bill becomes clearer. The SEC is still planning to hold a public meeting tomorrow morning at 10 a.m. to propose new rules and exemptions related to encrypted fund-raising transactions, i.e., secure asset control。